Zetrix AI, managing director cease to be HeiTech Padu substantial shareholders
KUALA LUMPUR: Zetrix AI Bhd and its managing director Wong Thean Soon have ceased to be substantial shareholders of HeiTech Padu Bhd following the disposal of nearly 28 million shares in the technology company.
KUALA LUMPUR: Zetrix AI and its managing director, Wong Thean Soon, have ceased to be significant shareholders of HeiTech Padu following the sale of nearly 28 million shares in the technology firm. MY EG Capital Sdn Bhd, a subsidiary of Zetrix AI, disposed of 27.55 million HeiTech Padu shares through a direct transaction on September 2, as per Bursa Malaysia filings today.
The filings did not specify the buyer or the transaction price. MY EG Capital previously held the shares, representing around 16.9 percent of HeiTech Padu according to its earlier substantial shareholder filing. Zetrix AI's interest was held through MY EG Capital, while Wong's was through his substantial stake in Zetrix AI. The disposal essentially cleared MY EG Capital's remaining shareholding in HeiTech Padu.
However, Wong still retains a direct stake in HeiTech Padu, owning 1.57 million shares, or a 0.97 percent share, according to MyBursa data.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
